Can I retire at age 35 with 2,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$198,190$196,424$194,702$193,021$191,379$190,333
2 years$98,114$96,286$94,516$92,799$91,133$90,077
3 years$64,759$62,924$61,158$59,457$57,819$56,786
4 years$48,086$46,256$44,507$42,835$41,237$40,235
5 years$38,084$36,265$34,539$32,902$31,347$30,380
6 years$31,418$29,613$27,913$26,312$24,804$23,872
7 years$26,659$24,869$23,196$21,632$20,172$19,276
8 years$23,091$21,318$19,672$18,147$16,735$15,875
9 years$20,318$18,561$16,943$15,457$14,093$13,269
10 years$18,100$16,360$14,772$13,324$12,008$11,219
11 years$16,287$14,565$13,005$11,596$10,327$9,573
12 years$14,777$13,072$11,541$10,171$8,950$8,229
13 years$13,500$11,814$10,311$8,980$7,804$7,117
14 years$12,407$10,738$9,265$7,971$6,841$6,187
15 years$11,460$9,810$8,365$7,109$6,023$5,401
16 years$10,633$9,000$7,584$6,365$5,324$4,732
17 years$9,904$8,289$6,901$5,719$4,720$4,159
18 years$9,256$7,659$6,300$5,154$4,197$3,664
19 years$8,677$7,099$5,767$4,657$3,741$3,236
20 years$8,157$6,596$5,293$4,218$3,341$2,864
21 years$7,687$6,144$4,868$3,828$2,990$2,539
22 years$7,260$5,735$4,487$3,481$2,680$2,254
23 years$6,871$5,364$4,143$3,170$2,406$2,004
24 years$6,515$5,026$3,832$2,891$2,163$1,784
25 years$6,188$4,717$3,549$2,640$1,946$1,589
26 years$5,886$4,433$3,291$2,414$1,753$1,417
27 years$5,607$4,172$3,056$2,210$1,580$1,265
28 years$5,349$3,931$2,841$2,025$1,426$1,130
29 years$5,109$3,708$2,644$1,857$1,288$1,010
30 years$4,885$3,502$2,463$1,704$1,163$903
31 years$4,677$3,311$2,296$1,565$1,052$808
32 years$4,481$3,133$2,142$1,438$951$723
33 years$4,298$2,967$2,000$1,323$861$647
34 years$4,126$2,812$1,869$1,217$780$580
35 years$3,964$2,667$1,747$1,120$706$520
36 years$3,812$2,531$1,634$1,032$640$466
37 years$3,668$2,404$1,530$951$580$417
38 years$3,532$2,285$1,433$876$526$374
39 years$3,403$2,173$1,342$808$477$336
40 years$3,281$2,067$1,258$745$432$301
41 years$3,165$1,968$1,180$687$392$270
42 years$3,056$1,874$1,107$634$356$242
43 years$2,951$1,785$1,038$586$323$218
44 years$2,852$1,702$975$541$293$195
45 years$2,757$1,623$915$499$266$175
46 years$2,666$1,548$860$461$242$157
47 years$2,580$1,477$808$426$219$141
48 years$2,498$1,410$759$394$199$127
49 years$2,419$1,347$713$364$181$114
50 years$2,343$1,287$671$336$164$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,400,000, adding $2,669 every year, while hoping to spend $41,832 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 34/50/16 Blend
34$2,400,000$2,400,000$2,400,000$2,400,000
35$2,647,553$2,520,353$2,483,153$2,724,347
36$2,873,095$2,599,341$2,521,830$2,859,728
37$3,120,239$2,680,798$2,560,400$3,001,521
38$3,391,147$2,764,800$2,598,816$3,153,529
39$3,688,195$2,851,426$2,637,028$3,316,678
40$4,014,003$2,940,759$2,674,981$3,491,981
41$4,371,456$3,032,881$2,712,618$3,680,556
42$4,763,733$3,127,880$2,749,878$3,883,629
43$5,194,333$3,225,845$2,786,698$4,102,546
44$5,667,112$3,326,869$2,823,010$4,338,791
45$6,186,317$3,431,046$2,858,741$4,593,992
46$6,756,629$3,538,474$2,893,816$4,869,942
47$7,383,200$3,649,254$2,928,154$5,168,611
48$8,071,709$3,763,491$2,961,670$5,492,169
49$8,828,412$3,881,291$2,994,275$5,842,999
50$9,660,201$4,002,765$3,025,873$6,223,727
51$10,574,668$4,128,026$3,056,366$6,637,241
52$11,580,178$4,257,193$3,085,648$7,086,720
53$12,685,946$4,390,387$3,113,608$7,575,661
54$13,902,128$4,527,731$3,140,130$8,107,916
55$15,239,911$4,669,355$3,165,089$8,687,724
56$16,711,620$4,815,391$3,188,358$9,319,751
57$18,330,836$4,965,976$3,209,798$10,009,134
58$20,112,523$5,121,251$3,229,268$10,761,531
59$22,073,168$5,281,360$3,246,617$11,583,171
60$24,230,938$5,446,453$3,261,685$12,480,912
61$26,605,848$5,616,685$3,274,307$13,462,307
62$29,219,956$5,792,214$3,284,307$14,535,676
63$32,097,562$5,973,203$3,291,502$15,710,179
64$35,265,445$6,159,821$3,295,699$16,995,906
65$38,753,111$6,352,243$3,296,696$18,403,970
66$42,593,073$6,550,647$3,294,279$19,946,613
67$46,821,156$6,755,218$3,288,227$21,637,317
68$51,476,836$6,966,146$3,278,305$23,490,935
69$56,603,613$7,183,627$3,264,268$25,523,827
70$62,249,420$7,407,863$3,245,859$27,754,018
71$68,467,074$7,639,062$3,222,809$30,201,361
72$75,314,778$7,877,439$3,194,835$32,887,729
73$82,856,666$8,123,214$3,161,643$35,837,220
74$91,163,409$8,376,615$3,122,921$39,076,382
75$100,312,884$8,637,876$3,078,347$42,634,462
76$110,390,906$8,907,240$3,027,579$46,543,685
77$121,492,039$9,184,955$2,970,263$50,839,554
78$133,720,487$9,471,278$2,906,027$55,561,186
79$147,191,079$9,766,472$2,834,481$60,751,679
80$162,030,351$10,070,811$2,755,218$66,458,519
81$178,377,741$10,384,575$2,667,812$72,734,029
82$196,386,904$10,708,053$2,571,817$79,635,858
83$216,227,162$11,041,542$2,466,767$87,227,527
84$238,085,104$11,385,348$2,352,175$95,579,027
85$262,166,343$11,739,789$2,227,531$104,767,479
86$288,697,460$12,105,189$2,092,304$114,877,863
87$317,928,141$12,481,883$1,945,936$126,003,814
88$350,133,533$12,870,216$1,787,846$138,248,509
89$385,616,841$13,270,545$1,617,427$151,725,641
90$424,712,192$13,683,235$1,434,044$166,560,487
91$467,787,785$14,108,663$1,237,035$182,891,093
92$515,249,370$14,547,219$1,025,706$200,869,575
93$567,544,075$14,999,301$799,336$220,663,553
94$625,164,626$15,465,322$557,169$242,457,735
95$688,654,002$15,945,707$298,418$266,455,656
96$758,610,555$16,440,892$22,260$292,881,600
97$835,693,663$16,951,327$0$321,982,718
98$920,629,950$17,477,475$0$354,077,869
99$1,014,220,148$18,019,815$0$389,427,734
100$1,117,346,653$18,578,836$0$428,359,382